5008 E Horseshoe Rd Paradise Valley, AZ 85253
Paradise Valley NeighborhoodEstimated Value: $3,371,000 - $4,462,000
6
Beds
6
Baths
5,925
Sq Ft
$686/Sq Ft
Est. Value
Highlights
- Guest House
- Barn
- Heated Pool
- Cherokee Elementary School Rated A
- Horse Stalls
- RV Gated
About This Home
As of April 2021Endless possibilities with breathtaking views in Paradise Valley's most desirable school district! Whether you're a horse lover, looking to do a small renovation or seeking a tear down opportunity, this property is exactly what you've been waiting for. This 2.16 acre estate features a block construction home with 6 bedrooms (even a cedar walk in closet!), office and bonus room, a recently renovated full guest house and stunning horse facilities. The barn is designed with tongue and groove wood, including a beautiful tack room, has two stalls with turnouts, evap cooler, loft and a working storage area. The four car garage also boasts an 11x13' bonus space. Walking distance to riding trails and the preserve; you can enjoy the beauty of AZ. This blank canvas beauty is looking for the perfect homeowner to make it their dream home. 1100SF (not including the one car garage) guest house has full kitchen as well as a separate laundry room complete with washer and dryer.
Last Agent to Sell the Property
Christopher Karas
Compass License #SA555869000 Listed on: 03/12/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,927
Year Built
- Built in 1970
Lot Details
- 2.16 Acre Lot
- Desert faces the front of the property
- Block Wall Fence
- Chain Link Fence
- Front and Back Yard Sprinklers
- Sprinklers on Timer
Parking
- 4 Car Direct Access Garage
- Garage Door Opener
- Circular Driveway
- RV Gated
Home Design
- Tile Roof
- Stucco
Interior Spaces
- 5,925 Sq Ft Home
- 1-Story Property
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Two Way Fireplace
- Gas Fireplace
- Double Pane Windows
- Solar Screens
- Family Room with Fireplace
- 2 Fireplaces
- Living Room with Fireplace
- Mountain Views
Kitchen
- Eat-In Kitchen
- Breakfast Bar
- Built-In Microwave
- Dishwasher
- Kitchen Island
- Granite Countertops
Flooring
- Carpet
- Laminate
- Concrete
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- Walk-In Closet
- Primary Bathroom is a Full Bathroom
- 6 Bathrooms
- Dual Vanity Sinks in Primary Bathroom
- Bathtub With Separate Shower Stall
Laundry
- Laundry in unit
- Dryer
- Washer
Home Security
- Security System Owned
- Intercom
Accessible Home Design
- Grab Bar In Bathroom
- Accessible Hallway
Pool
- Heated Pool
- Above Ground Spa
- Diving Board
Schools
- Cherokee Elementary School
- Cocopah Middle School
- Chaparral High School
Farming
- Barn
- Hot Walker
Horse Facilities and Amenities
- Horse Automatic Waterer
- Horse Stalls
- Corral
- Tack Room
Utilities
- Refrigerated Cooling System
- Heating Available
- Water Filtration System
- High Speed Internet
- Cable TV Available
Additional Features
- Covered patio or porch
- Guest House
Listing and Financial Details
- Assessor Parcel Number 168-46-004-F
Community Details
Overview
- No Home Owners Association
- Squaw Peak Estates Tr 7, 10 Subdivision
Recreation
- Bike Trail
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jun 16, 2021
Sold by
Naini Abbas and Naeini Firouzeh
Bought by
Naini Abbas and Naeini Firouzeh
Total Days on Market
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Outstanding Balance
$2,283,063
Interest Rate
2.9%
Mortgage Type
Credit Line Revolving
Estimated Equity
$1,780,448
Purchase Details
Listed on
Mar 12, 2021
Closed on
Apr 12, 2021
Sold by
Rubin David A and Rubin Barbara C
Bought by
Naini Abbas and Naeini Firouseh
Seller's Agent
Christopher Karas
Compass
Buyer's Agent
Emanuel Dobos
West USA Realty
List Price
$2,400,000
Sold Price
$2,350,000
Premium/Discount to List
-$50,000
-2.08%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.11%
Purchase Details
Closed on
Jan 3, 2012
Sold by
Rubin David A and Rubin Barbara C
Bought by
Rubin David A and Rubin Barbara C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 7, 2009
Sold by
Rubin Barbara C and Rubin David A
Bought by
Rubin David A and Rubin Barbara C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.01%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 14, 2003
Sold by
Rubin David A and Rubin Barbara C
Bought by
Rubin David A and Rubin Barbara C
Purchase Details
Closed on
Aug 28, 2002
Sold by
Rubin David A and Rubin Barbara C
Bought by
Rubin David A and Rubin Barbara C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.16%
Purchase Details
Closed on
Aug 23, 2001
Sold by
Rubin David A and Rubin Barbara C
Bought by
Rubin Family Trust
Similar Homes in Paradise Valley, AZ
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Naini Abbas | -- | Stewart Title | |
| Naini Abbas | $2,350,000 | Wfg National Title Ins Co | |
| Rubin David A | -- | Accommodation | |
| Rubin David A | -- | Us Title Agency Llc | |
| Rubin David A | -- | Security Title Agency | |
| Rubin Barbara C | -- | Security Title Agency | |
| Rubin David A | -- | -- | |
| Rubin David A | -- | First American Title Ins | |
| Rubin Family Trust | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Naini Abbas | $2,500,000 | |
| Previous Owner | Rubin David A | $417,000 | |
| Previous Owner | Rubin Barbara C | $417,000 | |
| Previous Owner | Rubin David A | $250,000 | |
| Previous Owner | Rubin David A | $650,000 | |
| Closed | Rubin David A | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/12/2021 04/12/21 | Sold | $2,350,000 | -2.1% | $397 / Sq Ft |
| 03/12/2021 03/12/21 | For Sale | $2,400,000 | -- | $405 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,424 | $194,335 | -- | -- |
| 2024 | $11,267 | $123,327 | -- | -- |
| 2023 | $11,267 | $206,060 | $41,210 | $164,850 |
| 2022 | $10,208 | $171,180 | $34,230 | $136,950 |
| 2021 | $10,889 | $159,880 | $31,970 | $127,910 |
| 2020 | $10,927 | $153,750 | $30,750 | $123,000 |
| 2019 | $10,740 | $151,630 | $30,320 | $121,310 |
| 2018 | $10,319 | $151,420 | $30,280 | $121,140 |
| 2017 | $9,890 | $136,860 | $27,370 | $109,490 |
| 2016 | $9,670 | $147,810 | $29,560 | $118,250 |
| 2015 | $9,145 | $147,810 | $29,560 | $118,250 |
Source: Public Records
Agents Affiliated with this Home
-
C
Seller's Agent in 2021
Christopher Karas
Compass
-
Emanuel Dobos
Buyer's Agent in 2021
Emanuel Dobos
West USA Realty
6 in this area
38 Total Sales
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6206481
APN: 168-46-004F
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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